Savings

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It's easy to give your child's savings a flying start...
starting with £250 free!

To encourage saving for our little ones, the government has launched the Child Trust Fund.

This is a new initiative to encourage parents and families to save for their children’s futures. Every child eligible born on or after 1st Sept 2002 will be entitled to a £250 voucher to invest in a Child Trust Fund Account.

Your child will receive an additional £250 at a later date if your family qualifies for full Child Tax credit. What’s more, the government plans to give every child an extra payment at age 7 to boost the investment.

Only the child can access the money and only when they reach 18.

The Child Trust Fund account is a tax efficient investment and returns are currently free from income and capital gains tax, although tax legislation may change in the future.

This is a great opportunity for parents to help build a brighter future for their children and Yorkshire Bank is pleased to introduce Family Investments to you, an approved provider of the Child Trust Fund.

There are different types of Child Trust Fund accounts available, as Family Investments invest the Child Trust Fund account in the Stockmarket, the value of the account can fall as well as rise and your child may not get back the amount invested.

Child Trust Fund Applications Online

For more information on the Family Investments Child Trust Fund Account, including its key features, click on the link below where you will also be able to apply online. This link takes you to the Family Investment website and you will leave the Yorkshire Bank site.

More Information and Apply Online

Application packs are available from your local Yorkshire Bank branch.

The new Child Trust Fund - at a glance!

Every eligible child born on or after 1st September 2002 will receive a voucher to invest in a special Child Trust Fund account.

The voucher is worth a minimum £250 and returns are currently free of income tax and capital gains tax although this may change in the future. Parents and others can invest up to a combined total of £1,200 each year into the account. Only the child can withdraw the money, and not before age 18.

For more information or to apply for your Family Investments Child Trust Fund Account Call 0800 587 6569 (9am - 7pm Weekdays, 9am -12pm Saturdays).

Telephone calls may be recorded for training purposes.


This Child Trust Fund Account is provided by Family Investments. Family Investments only offers its own products and does not provide advice on their suitability.  If you have any doubts you should seek financial advice (Financial Advisors may charge for their services).

Yorkshire Bank is a trading name of Clydesdale Bank PLC who act as an introducer to Family Investments who arrange this Child Trust Fund account.

Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority.

Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank is entered on the Financial Services Authority Register and our registration number is 12873 Registered in Scotland No. SC001111.

Registered Office: 30 St Vincent Place, Glasgow G1 2HL.

A member of the National Australia Bank Group of companies.

Family Investments is the trading name of Family Equity Plan Limited (Co. No. 2208249) which is authorised and regulated by the Financial Services Authority and is entered on their register under registration number 122351. Registered Office: 16-17 West Street, Brighton, East Sussex BN1 2RL.